The Indian stock market may witness a shift in focus towards individual stocks on Tuesday, as there are no major global triggers expected. As of 7:25 AM, Gift Nifty futures were indicating a flat start for the bourses with the index up only 12 points at a level of 22,371.
Reliance Industries: Reliance Industries Limited (RIL) saw a drop of almost 2 percent in its net profit in the March quarter, mainly due to reduced margins in the petrochemicals sector and an increase in tax payments. However, the company’s retail and telecom sectors continued to show consistent growth. RIL’s consolidated profit for the quarter was Rs 18,951 crore, which is lower than Rs 19,299 crore from the same…
Read More…
Stocks to Monitor: RIL, Adani Group, Tata Consumer, Mahindra Logistics, HDFC Bank
